Available Tax Forms
 All-in-one data center
 Checklist
 T4
 T4A
 T4A(OAS)
 T4A(P)
 T4E
 T4PS
 T4A-RCA
 T4RIF
 T4RSP
 T5
 T3
 T5007
 T5008
 T5013
 T1 GENERAL
 ON428
>>Show more forms
Support
HomeTax calculator

Canada Revenue
Agency
Agence du revenu
du Canada
Protected B when completed
 
Joint Election to Split Pension Income for 2021
 
If you are filing a paper return, you must complete, sign, and attach copies of this form to both your return and your spouse
or common-law partner's return. The information on the forms must be the same. If you are filing electronically, keep this
form in case we ask to see it later.
Complete this form if you (the transferring spouse or common-law partner) are electing to split your eligible pension income
with your spouse or common-law partner (the receiving spouse or common-law partner) and if you meet all of the following
conditions:
You and your spouse or common-law partner were not living separate and apart from each other, because of a
breakdown in your marriage or common-law relationship, at the end of the tax year and for a period of 90 days or more
beginning in the tax year.
You and your spouse or common-law partner were residents of Canada on December 31, 2021 (or on the date of death).
You received pension income in the tax year qualifying for the pension income amount (see "Retirement income –
Summary table" in the Appendix of the Federal Income Tax and Benefit Guide) or you were 65 years of age or older and received
certain qualifying amounts distributed from a retirement compensation arrangement (Box 17 of your T4A-RCA slips).
   
Only one joint election can be made for a tax year. If both you and your spouse or common-law partner have eligible
pension income, you need to decide who will act as the transferring spouse or common-law partner electing to allocate part of
their eligible pension income to the other spouse or common-law partner (the receiving spouse or common-law partner).
   
This form needs to be filed by your filing due date for the year. For more information on filing due dates, see the Federal
Income Tax and Benefit Guide. We may allow you to make a late or amended election, or revoke an original election, under
certain circumstances. Contact us if you need more information.
 
 
Step 1 – Identification
 
 
  Information about you (the transferring spouse or common-law partner)
 
  Last name First name Social insurance number  
   
  Home address Postal code  
   
 
  Information about your spouse or common-law partner (the receiving spouse or common-law partner)
 
  Last name First name Social insurance number  
   
  Home address (if different from above) Postal code  
   
 
 
Continued on the next page
 
 
T1032 E (21) (Ce formulaire est disponible en français.) Page 1 of 4

Protected B when completed
 
  Step 2 – Maximum split-pension amount
  To calculate the eligible pension income amount, the transferring spouse or common-law partner must complete the
calculation for line 31400 on the Federal Worksheet found in the income tax package.
  Enter the amount from line 8 of the transferring spouse's or common-law partner's Federal
  Worksheet for line 31400. 68020  1
 
  Enter the amount from box 128 of the transferring spouse's or common-law partner's T4A slip. 68025  2
 
  Line 1 minus line 2   =  3
 
    Qualifying retirement compensation arrangement (RCA) payments and veteran's benefits  
    If you were 65 years of age or older on December 31, 2021 (or on the date of death) and
received life annuity payments from an RCA or you received veterans benefits, complete lines 4
to 7. Otherwise, enter "0" on line 8.
 
    Enter the amount from box 17 of the transferring spouse's or  
    common-law partner's T4A-RCA slips. 68026  4  
     
    Enter the amount from line 2.   +  5  
     
    Line 4 plus line 5   =  6  
     
    $113,595 minus the amount from line 3 (if negative, enter "0")    7  
     
  Enter whichever is less: line 6 or line 7.   +  8
  Line 3 plus line 8   =  9
 
    Marital status change  
    If your marital status changed during the tax year, calculate the eligible pension income for
the period that you were married or living common-law. Otherwise, enter the amount from line 9
on line 11.
 
    Number of months
married or living
   
    common-law 68030 x Amount from line 9   =  10  
    Number of months   12 (1)      
    in the tax year    
       
    Note 1
If the transferring spouse or common-law partner is deceased, use the number of months up to
and including the month of death.
 
 
  Enter the amount from line 10, if it applies. Otherwise, enter the amount from line 9.    11
  Maximum rate   x               50%  12
  Line 11 multiplied by line 12 Maximum split-pension amount   =  13
 
  Step 3 – Elected split-pension amount
 
  Enter the amount that you and your spouse or common-law partner decide to jointly elect to be
your split-pension amount for the year. The split-pension amount cannot be more than the amount
     
  from line 13.    14
  Enter this amount on line 21000 of the transferring spouse's or common-law partner's return
and on line 11600 of the receiving spouse's or common-law partner's return.
 
  Step 4 – Pension income amount (line 31400)
  Part A – Calculate the pension income amount of the transferring spouse or common-law partner
  Amount from line 1    15
  See Note 2 on page 3. If it applies, enter the amount from line 26. Otherwise, enter the amount  
  from line 14.    16
  Line 15 minus line 16   =  17
  Enter $2,000 or the amount from line 17, whichever is less, on line 31400 of the transferring
spouse or common-law partner's return.
     
Continued on the next page
 
T1032 E (21) Page 2 of 4

Protected B when completed
 
  Note 2
  If the transferring spouse or common-law partner entered an amount on line 8, complete lines 18
to 26. Enter the result from line 26 on line 16. Otherwise, go to Part B below.
  Amount from line 14    18
  Amount from line 8    19
  Amount from line 5    20
  Line 19 minus line 20   =  21
  Amount from line 9    22
  Line 21 divided by line 22   =  23
  Amount from line 14   x  24
  Line 23 multiplied by line 24   =  ►  25
  Line 18 minus line 25   =  26
 
Part B – Calculate the pension income amount of the receiving spouse or common-law partner
 
If there is an amount on line 11500 or line 12900 of the receiving spouse's or common-law
partner's return, enter the amount from line 8 of their Federal Worksheet for line 31400. Otherwise,
enter "0".    27
Amount from line 16, unless Note 3a below applies    28
Line 27 plus line 28.   =  29
 
Enter $2,000 or the amount from line 29, whichever is less, on line 31400 of the receiving spouse's
or common-law partner's return.
  Note 3a
  If all of the following conditions apply, see Note 3b below:
  the amount on line 27 is less than $2,000
  the receiving spouse or common-law partner was under age 65 on December 31, 2021
  the transferring spouse or common-law partner was age 65 or older and received any:
  – RRIF, RRSP, or other annuity payments
  – variable pension benefits paid from a money-purchase provision of a registered
pension plan
  – payment out of a pooled registered pension plan (other than amounts received due to the
death of their former spouse or common-law partner)
  – veteran's benefits included on line 2
 
  Note 3b
  If Note 3a applies, calculate the amount to enter on line 28 as follows:
  1) Recalculate the amount on line 3 by deducting any of the following sources of pension
income:
  – RRIF, RRSP, or other annuity payments received by your spouse or common-law partner
  – variable pension benefits paid from a money purchase provision of a registered
pension plan
  – any payment out of a pooled registered pension plan (other than amounts received due to
the death of their former spouse or common-law partner)
 
  2) If the result from 1) above is $4,000 or more, enter on line 28 the amount from line 16.
 
  3) If the result from 1) above is less than $4,000, recalculate steps 2 and 3 only using the result
from 1) as the amount for line 9. Enter on line 28 the lesser of the amount from
line 14 or 16.
 
Continued on the next page
 
T1032 E (21) Page 3 of 4

Protected B when completed
 
Step 5 – Income tax deducted (line 43700)
 
Enter the total tax deducted from the transferring spouse's or common-law partner's pension
income entered on line 9. Note 4 68040 •30
  Note 4
If the transferring spouse's or common-law partner's information slip(s) include(s) income tax
deducted for both eligible and non-eligible pension income on the same slip, calculate the
proportionate amount of tax deducted to be included at line 30 for each slip as follows:
  (Eligible pension ÷ total of eligible and non-eligible pension) x total tax deducted
 
  Calculation for the tax deducted for each elected split-pension amount
 
Amount from line 30 x Amount from line 14    = 68050 •31
  Amount from line 9    
Part A – Calculate the income tax deducted for the transferring spouse or common-law partner
 
Total tax deducted from all of the transferring spouse's or common-law  
partner's slips. Note 5    32
Amount from line 31    33
Line 32 minus line 33   =  34
 
Enter the result on line 43700 of the transferring spouse's or common-law partner's return.
 
Part B – Calculate the income tax deducted for the receiving spouse or common-law partner
 
Total tax deducted from all of the receiving spouse's or common-law  
partner's slips. Note 5    35
Amount from line 31   +  36
Line 35 plus line 36   =  37
 
Enter the result on line 43700 of the receiving spouse's or common-law partner's return.
 
  Note 5
  Enter the amount that you would have entered on line 43700 of your return if you did not
choose to split your eligible pension income. If you were a resident of Quebec on
December 31, 2021, do not include any of your Quebec provincial income tax deducted.
 
Step 6 – Joint certification
 
By completing this form and signing below, we jointly elect and certify that the split-pension amount entered on line 14 of
Step 3 will be deducted in computing the net income of the transferring spouse or common-law partner and reported as
income by the receiving spouse or common-law partner on our income tax and benefit returns for 2021.
 
We understand that we will be jointly and severally liable for any amounts of tax, interest and penalties that may be owing
as a result of this election.
 
    Date    
  Signature of transferring spouse or common-law partner  
    Date    
  Signature of receiving spouse or common-law partner  
 
It is a serious offence to make a false statement.
 
See the privacy notice on your return.
     
 
 
T1032 E (21) Page 4 of 4